Revenue from gambling on poker, casino, bingo and sports and other products in Italy’s ringfenced online market fell 15% month-over-month during May to €57.5m, from €67.7m the previous month, due mainly to a massive fall in gross gaming revenue (GGR) from fixed-odds sports betting.

Hindered by a turnover tax and narrower choice of markets than those on offer from offshore sites, fixed odds sports revenue fell 56% month-over-month to €7.9m, from €18m in April. The regulator will soon allow licensed operators to offer bets on a wider range of events, as well as virtual bets and exchange betting, in an effort to boost the attractiveness of betting on regulated sites for Italian punters.

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